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A difficult situation for PS. Of course I support a left wing coalition, but even if they manage to overcome old grievances, what are they actually going to do?

The ECB has proven many time now that it is will use its gouvernment bond buying program to punish left wing gouvernments.

by rz on Thu Oct 22nd, 2015 at 01:43:19 PM EST
There are relevant legislative issues introduced by the right that may rolled back (labour law, etc). They can also avoid or delay privatisations that would come at the worst of moments.

But in essence yes, if the ECB wishes so, it can easily leave Portugal between the wall and the sword, as it did with Greece.


by Luis de Sousa (luis[dot]de[dot]sousa[at]protonmail[dot]ch) on Fri Oct 23rd, 2015 at 11:45:54 AM EST
[ Parent ]
Left wing in name only seems to be quite acceptable to them.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Oct 25th, 2015 at 11:10:44 AM EST
[ Parent ]


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